GoodFuels

Brazil to challenge US tariff?

Reuters has posted a story this morning in which they report that Brazil has hired lawyers to look into the current US import tariff against Brazilian ethanol.

“Brazil’s Sugar Cane Industry Association hired lawyers to study the compatibility between the U.S. tariff and WTO rules. The collapse of the Doha Round of world trade talks in July made litigation against the United States more likely.

 Amorim said the case could be presented in the next one or two months, depending on final consultations with producers and the government’s lawyers.”

“My reading is that we have a very strong case and so there is a good chance we will challenge,” Reuters reports Foreign Minister Celso Amorim said on Tuesday.

What will this possible litigation mean for the future of the domestic US ethanol industry? Leave your thoughts in the comments.

Read the whole report here.